3383 Freys Hill Road - Louisville, KY 40241
Thieneman Management Group and Homepage Realty are excited to present this exclusive offering on one of Louisville's first, multi-story, 100% climate-controlled, Class A self-storage facilities. River City Self-Storage facility is located in the east end of Jefferson County, with proximity to the Gene Snyder and is conveniently situated along the Westport Road commercial corridor. The facility is a recent conversion project, built out brand new with Janus International doors and components. The facility opened at the end of June 2018 and has leased 31 units with 2 additional reservations. Physical occupancy of 12% is anticipated in just 8 weeks! The facility features 335 storage units on two floors with 35,259 square feet of net rentable area. The facility features second floor, expansive and convenient loading area, ample parking, LED lighting with energy saving motion sensors, state of the art security with video surveillance, and an onsite office and retail store. Income projection is expected at $18 to $20 per square foot . Because the area exhibits high demand for storage space, the facility is expected to reach a stabilized occupancy rate 12 months. Don't miss out on your chance to own this Class A, high income producing, brand new storage facility in a fast-growing high end market area.